September 26, 2012 - Vancouver, BC - Amarc Resources Ltd.
(“Amarc” or the “Company”) (TSX Venture: AHR; OTCBB: AXREF) announces an initial
National Instrument 43-101 compliant mineral resource estimate for its 100%
owned Newton bulk-tonnage gold-silver project, located in south-central British
Columbia (BC). The resource estimate is based on 24,513 metres of core drilling
in 78 holes completed up to June 30, 2012. It confirms that Newton is a
significant bulk tonnage gold discovery that remains open to further expansion.
At a 0.25 g/t gold cut-off, Inferred Mineral Resources comprise 111.5 million
tonnes grading 0.44 g/t gold and 2.1 g/t silver, containing 1.6 million ounces
of gold and 7.7 million ounces of silver.
The current Newton resource extends over an area of approximately 800 metres
by 800 metres and to a depth of 560 metres, and is open to expansion to the
northwest, west and to depth. It is located within the southeast segment of an
extensive eight square kilometre sulphide system that is characterized by
widespread gold enrichment indicating high potential for the development of
substantial additional resources. This large, fertile mineral system extends
well beyond the limits of the current resource and is largely concealed under
shallow cover…
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